We are seeing a great entry point for 
COTY.
The company has been hit by the current crisis and the stock has plunged after the Earnings Report released this Monday 5/11. Investors have left their positions due to concerns around financial conditions, bad results and dividends on hold.
Currently, the stock is on its historical lows, which makes it a great entry. COTY announced a deal with KKR, and will receive an immediate $750M investment. The entire transaction could result in additional cash proceeds of approximately $3 billion. With this liquidity injection and a strong capital back-up, COTY is likely to strengthen its position against
OR, 
EL, and other competitors. The current analyst price targets reiterated on 5/12 are between $8 (RBC Capital) and $6 (Deutsche Bank). Recent hedge fund activity is also in line with positive sentiment around COTY stock. For more details check the research tab in the stock details here at eToro.
I believe in COTY as a company with strong foundations because it is a strong global player:
SBH 
ULTA 
XLY
PG
COTY. The company has been hit by the current crisis and the stock has plunged after the Earnings Report released this Monday 5/11. Investors have left their positions due to concerns around financial conditions, bad results and dividends on hold.
Currently, the stock is on its historical lows, which makes it a great entry. COTY announced a deal with KKR, and will receive an immediate $750M investment. The entire transaction could result in additional cash proceeds of approximately $3 billion. With this liquidity injection and a strong capital back-up, COTY is likely to strengthen its position against
OR, EL, and other competitors. The current analyst price targets reiterated on 5/12 are between $8 (RBC Capital) and $6 (Deutsche Bank). Recent hedge fund activity is also in line with positive sentiment around COTY stock. For more details check the research tab in the stock details here at eToro. I believe in COTY as a company with strong foundations because it is a strong global player:
- #1 in fragrances
#2 in salon hair
#3 in color cosmetics
SBH ULTA XLYPG
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.